Last week’s elections in Fiji are ‘credit positive’, according to the Moody’s rating agency, after the leader of the 2006, Commodore Frank Bainimarama was sworn in this week as a democratically-elected prime minister.
Return to democracy good for Fiji economic growth, say rating agencies
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24 Sep 2014 by Leave a Comment
Air Niugini and PNG Ports for partial sale: Papua New Guinea zeros in on its state-owned enterprises
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17 Sep 2014 by 3 Comments
First Air Niugini, then PNG Power … then PNG Ports and the National Airports Corporation? The Papua New Guinea government is embarking on a grand plan to reinvigorate state-owned enterprises. But privatisation is not the only option to ensure SOEs function as viable entities.
Program firms up for Papua New Guinea Advantage Summit
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13 Aug 2014 by
September’s Papua New Guinea Advantage Investment and Infrastructure Summit looks like being the largest ever, with delegate registrations up and a very strong roster of high profile speakers, say organisers.
In brief: Santos and Oil Search increase production following PNG LNG start-up, and other business stories
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23 Jul 2014 by Leave a Comment
Santos and Oil Search increase production following PNG LNG start-up, Crater Gold raising funds for mine development, and regional tuna stock report due out August. Your weekly digest of the latest business news.
In brief: Government to deliver military infrastructure upgrades, and other business stories
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16 Jul 2014 by Leave a Comment
The PNG Government plans to rebuild the country’s military barracks by 2017, InterOil halts drilling at Wahoo-1, and Bank of South Pacific plans share buyback. Your weekly digest of the latest business news.
Creating jobs is the challenge in Papua New Guinea, says Asian Development Bank
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9 Jul 2014 by Leave a Comment
One of the biggest economic and social challenges facing the PNG government is jobs growth for its rapidly growing workforce in a post-LNG construction economy, according to the Asian Development Bank’s latest report card.
In brief: Government prepares to relocate Moresby port to Motukea Island, and other business stories
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9 Jul 2014 by Leave a Comment
The national government prepares to buy Motukea Port from Curtain Bros, exports of LNG could double in five years and fuel prices fall. Your weekly digest of the latest business news.
In brief: Papua New Guinea Prime Minister respects court’s decision on arrest warrant and other stories
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2 Jul 2014 by Leave a Comment
Prime Minister O’Neill to respect court’s decision, Bougainville Copper assesses draft mining bill, and Papua Mining raises exploration funds. Your weekly digest of the latest business news.
National Petroleum Company aims to deliver long-term benefits, says Kramer
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21 May 2014 by Leave a Comment
As the PNG LNG project enters its operational phase, Frank Kramer, Chairman of the National Petroleum Company of Papua New Guinea (which will hold and manage the government’s 16.8% stake) outlines his vision for managing the country’s hydrocarbon assets.
Bemobile gets cash injection as government steps in
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25 Sep 2013 by
The Papua New Guinea Government has increased its stake in mobile phone company Bemobile, following the collapse of a deal with the Fiji National Provident Fund.
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